April 5, 2021

As cities across the globe announce their commitments to become smart and safe, technologies enabling this future emerge. Today Francis AI Technologies, Inc. announces the addition of funding and prominent industry leaders, placing them at the leading edge of this transformation.

Led by Autotech Ventures, with participation from BootstrapLabs, Tsingyuan Ventures, and other investors, the funding round will enable Francis AI to accelerate product development helping cities eliminate traffic fatalities and improve efficiency.

Founded by Chris Carson, Bo Shen, Vaibhav Ghadiok and Michael Byrne, Francis AI revolutionizes urban mobility, providing cities a scalable and more efficient way to bring safe, healthy and equitable mobility to the public. Using edge computing and AI to process real time data from mobile cameras, the platform is able to create vast and detailed situational awareness for cities at a fraction of their current fixed camera cost. Coupled with a knowledge and reasoning engine that fully automates the detection of any kind of traffic violation, the solution eliminates the need for human review, inherently filtering out bias and inefficiencies.

“We envision a world with safe roadways, efficient transportation, and fair and equitable mobility for all. Leveraging our expertise in the autonomous vehicle space, we’ve created technology that does just that,” said Chris Carson, Co-Founder & CEO of Francis AI. “This funding enables us to connect additional smart cities and move forward with our vision.”

“AI offers new possibilities for smart cities,” said Autotech Ventures’ Alexei Andreev. “Transforming real world data into meaningful, specialized insights will be crucial to shaping the future of urban transportation around the world. Focused on scalability, collaboration and results, Francis AI is uniquely poised to lead the way. We are excited to partner with them and support the development of this critical solution.”

Francis AI also announces today that Stuart McKee is joining the executive team as COO, and Anthony Foxx has joined the company’s Board of Directors.

Stuart McKee served for more than 15 years as Microsoft’s Chief Technology Officer of U.S. State and Local Government, delivering technologies that advance state and local agencies’ ability to serve citizens. Turning his attention to bringing Francis AI to market, McKee sees a clear path, “Centralized, secure data is key to creating solutions that work broadly for public safety and urban mobility. Francis AI has the pieces in place ensuring the accuracy, scale and privacy necessary for universal adoption of this trusted platform.”

Anthony Foxx served as the 17th United States Secretary of Transportation, where he embraced technology by pushing forward new rules governing the commercial use of drones, blueprinted the most comprehensive national policy on autonomous vehicles in the world, and launched the Department’s first, and the Administration’s most successful, Smart City Challenge, engaging more than 70 cities to develop their own strategies to incorporate new technologies into their transportation networks.

“I look forward to joining Francis AI to continue to tackle urban mobility challenges,” said Foxx. “Their solution not only scales a city’s ability to create safer, more efficient traffic flows, but also addresses the very real issues of fair and just mobility.”

“Both Stuart’s experience bringing enterprise level technologies to state and local agencies, and Anthony’s expertise managing transportation policy, technology, and public-private partnerships will be invaluable as we continue to develop our solutions and expand our reach,” said Carson.

About Francis AI

Francis AI is pioneering smart traffic enforcement with its mobile platform to increase the safety, efficiency, and sustainability of municipal fleet vehicles. Our platform allows government agencies to enforce traffic laws, while harnessing AIoT data to gain actionable insights that help enhance the quality of life of their communities. Developed by a team of experts in machine learning, data science, transportation, and government technology, our flagship product, Automated Bus Lane Enforcement, enforces dedicated bus lanes, delivery zones, and intersections to reduce traffic congestion, improve bus speeds, and increase transit ridership.

Contact info: media@Francis.ai

SOURCE Francis AI

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